Retirement plan

CENTRAL MN TASK FORCE ON BATTERED WOMEN 403B PLAN

Name: CENTRAL MINNESOTA TASK FORCE ON BATTERED WOMEN - CENTRAL MN TASK FORCE ON BATTERED WOMEN 403B PLAN (2017) Form 5500
Creator: CENTRAL MINNESOTA TASK FORCE ON BATTERED WOMEN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL MN TASK FORCE ON BATTERED WOMEN 403B PLAN, CENTRAL MINNESOTA TASK FORCE ON BATTERED WOMEN

CENTRAL MINNESOTA TASK FORCE ON BATTERED WOMENEIN 41-1344743Plan #001PY 2017

PO BOX 367 - ST CLOUD, MN 56302320-253-6900annamaries.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow participationLow assets / participant

How to read this page

Total assets (EOY)

$755K

+19.6% from 2016

Total participants

+21.4% from 2016

Average account balance

$11,446

+1.5% from 2016

Annual return

13.17%

+7.94 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$697K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$14K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

102.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$77K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.38%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$380

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2L2T3B

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$49K

$977 / participant

Other / not subdivided$49K100.0%

% of EOY assets

6.469%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,446

$84,236-86.4%

$170,435-93.3%

$70,126-83.7%

Participation rate

62.0%

70.8%-8.8pp

83.6%-21.6pp

69.5%-7.5pp

Annual return

13.17%

23.06%-9.9pp

205.94%-192.8pp

73.15%-60.0pp

Employer contribution / active EE

$867

$3,387-74.4%

$5,432-84.0%

$2,343-63.0%

Participant deferral / active EE

$918

$3,086-70.2%

$4,939-81.4%

$3,332-72.4%

Admin fee / account holder

$740

$5,698-87.0%

$13,881-94.7%

$4,645-84.1%

CENTRAL MN TASK FORCE ON BATTERED WOMEN 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL MN TASK FORCE ON BATTERED WOMEN 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion